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Pay for Your Course Via GCEN FX

LSBF has partnered with Global Currency Exchange Network (GCEN) to provide all students with a fee free global payment facility and cost cutting foreign exchange rates.

GCEN are dedicated to providing first class foreign exchange and global payment solutions to clients/students worldwide. At GCEN, we are able to access competitive market leading rates of exchange whilst ensuring a safe and secure FSA regulated trading environment for all clients/students. We also understand the importance of a fast and efficient service, which guarantees that all payments are made on time and are provided by a friendly but professional specialist. 

The range of services include

Fx Services and Payment Solutions

Our proactive and innovative approach enables us to provide first class foreign exchange services at better rates of exchange. GCEN provide easy to use online services completely fee free, enabling quick and efficient payment systems.

Pre Paid Fx Card

The new smarter way to carry travel money. Simply pre-load your First Premier Travel Card and then use it like a debit card at thousands of shops, restaurants and other outlets or to withdraw money at cash points worldwide.

Security of funds

GCEN is fully authorised and regulated by the FSA under the payment services regulations, 2009. All clients' funds are held in secure segregated client accounts at Barclays Bank Plc. GCEN are subject to a high level of regulatory scrutiny and have to comply with various financial requirements and policies set out by the FSA.

GCEN is also a Money Service Bureau registered with HMRC under the Money Laundering Regulations, 2007

FAQ'S

How can I use your service?

To get instant access to our online trading system and your secure log in, you can register via the website:
https://www.gcen.co.uk/lsbf/. Follow the easy steps to booking your currency for your foreign exchange transaction(s). Or you can call Stevie Panesar (dedicated LSBF account manager) on Tel:+44 (0) 8456 718400. Always Quote 'LSBF' and your LSBF Student ID.

How long does it take for my funds to reach my foreign bank account?

A telegraphic transfer will be made from your local account, to the LSBF client account. On receipt of the funds, the GBP funds are sent to LSBF, or the beneficiary account of your choice, and that takes 2-3 working days for fully cleared funds. In the meantime, please contact GCEN for direct trades to and from your own bank account.

How will my funds be secure?

GCEN is fully authorised and regulated by the FSA under the payment services regulations, 2009. All clients' funds are held in secure segregated client accounts at Barclays Bank Plc. GCEN are subject to a high level of regulatory scrutiny and have to comply with various financial requirements and policies set out by the FSA.

GCEN is also a Money Service Bureau registered with HMRC under the Money Laundering Regulations, 2007.

How do you manage to beat the banks?

GCEN works on live exchange rates and monitor many treasury providers to aim to provide you with the best exchange rate. We work on a high turnover of transactions rather than a high profit margin - saving you money.

Are the rates guaranteed?

Yes, they give actual exchange rates provided at that time rather than indication rates as provided by other sources such as Teletext and other internet sites.

How much does it cost to use your service?

Nothing! There are no fees to register, no commissions and no telegraphic transfer costs.

How do I get my money to GLOBAL?

You can make a telegraphic transfer direct from your local account through to their client account in the currency you currently hold or on some currencies you can pay by card.

How can I track my money transfer?

Using your secure log-in details you can view the status of your transaction, GCEN also provides confirmation email all the way along the process of the transaction, from your initial currency booking receipt to the receipt of your funds and sending out your purchased funds.

Can I use the service for other payments?

Yes!! You can use the online payment system to pay fees, as well as accommodation payments, or simply sending money for living expenses.

What other services can I benefit from?

GCEN offer a currency card, which can be used exactly the same as a normal debit card. It will allow overseas students (or local students) to have a debit card, which can be loaded easily using our online system. Payments can be made from overseas to load the card, at preferential exchange rates.

Contact Us

Contact GCEN via their website:
https://www.gcen.co.uk/lsbf/
GCEN UK Head Office

The Old Barn,
Oasts Business Village,
Red Hill,
Wateringbury,
Maidstone,
Kent,
ME18 5NN

Tel: +44 (0) 1622 816 940 or +44 (0) 8456 718400
Fax: +44 (0) 1622 812 550
Email: lsbf@gcen.co.uk

Always Quote 'LSBF' and your LSBF Student ID

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